Financial Crime Financial Crime

Companies receiving 'plenty' of behind-the-scenes corruption declinations from SEC, official says

By Richard Vanderford
  • 28 Oct 2020 14:28
  • 28 Oct 2020 14:28
Companies involved in bribery have received "plenty of declinations" from the US Securities and Exchange Commission behind the scenes, a senior SEC official said.

The agency frequently declines to take action against companies that self-report bribery if the wrongdoing took place amid otherwise strong controls, Charles Cain, the head of the SEC's Foreign

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